Haibo: 2 Rare Diamonds Found in SA Selling for R200m, to Stay in Mzansi for Now

Haibo: 2 Rare Diamonds Found in SA Selling for R200m, to Stay in Mzansi for Now

  • South Africa is rich in minerals and that’s evident after two rare diamonds were found at Cullinan Mine, which are worth a staggering R200 million
  • Media reports suggest that the diamonds were discovered in Gauteng at a mine owned by Petra Diamonds and the stones are worth $13,5 million (R200m)
  • Petra bought Cullinan Mine from De Beers back in 2008 and the diamonds will be polished and cut in Johannesburg as they have already been sold

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South Africans are still amazed following the news that there are two rare diamonds that were discovered in Mzansi. The two gems were discovered at the Cullinan Mine in Johannesburg.

According to media reports, the Gauteng mine made the discovery through a British mining firm and are now selling for a whopping R200 million ($13,5 million). It is reported that the two precious stones will be cut and polished in Jozi prior to being placed on the market.

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Business Insider has it that a firm known as Petra Diamonds bought Cullinan Mine from diamond mining giant De Beers and have previously made such discoveries in the past few years.

2, Rare, Diamonds, Found, R200m, Mzansi
Petra Diamonds announced a find of rare gems in Mzansi. Image: @PetraDiamonds/Twitter
Source: Twitter

The publication continues to report that Petra bought the Cullinan Mine from De Beers in 2008 for R1 billion. It is further reported that at least eight diamonds recovered from the mine have earned Petra more than R3 billion ($207 million).

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Speaking in a media release, Petra CEO Richard Duffy said the two gems are wonderful examples known from the mine. He said:

“These two diamonds are wonderful examples of the very high quality and rare white and blue diamonds that are so well known from the Cullinan Diamond Mine. We are delighted that both stones will be manufactured in South Africa, and it is fitting that we will be working with Star gems, who specialise in the sourcing and supply of the finest diamonds to customers across the world.”

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South Africans react to rare diamonds found in Mzansi

The post reads:

@SirZipho said:

“Who is the seller, how much will the owner get from this amount...”

@Mceey_One said:

“The Ladysmith diamonds huh.”

@Mari6074 said:

“How does someone own stones before they even found? Eish that still baffles me.”

@TurtleD4628 said:

“Why do I get the feeling that De Beers is busy with a marketing campaign. New big diamond finds and sales are happening quite a bit recently.

@Skhalo5322 said:

“These are the minerals that should be sold by the government to improve the lives of South Africans. Alexander in particular Mantashe must take the blame on this one.”

@Mfana0122 said:

“These are the diamonds that were found in KZN.”

"Hayi bo": Man carries what he believes to be diamonds, SA can’t stop laughing

In a similar story, Briefly News reported that it seems Mzansi's recent 'diamond rush' has its fair share of individuals hoping to get rich quick with a picture of one man and his supposed diamond making the rounds on social media.

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"KZN Billionaires," @kulanicool sarcastically captioned the post. A look at the picture reveals the gentleman may be very protective of his newfound rock, holding the object very sturdily on his shoulder.

People are gathered all around the unidentified man, probably hoping to share in the treasure. The general consensus amongst social media users was that the poor man had made his efforts in vain with many laughing at the thought that there could even be diamonds found in the rock.

Source: Briefly News

Authors:
Phumzile Ngcatshe avatar

Phumzile Ngcatshe (Editor) Phumzile Ngcatshe is a staunch football fan and a lover of political and human interest stories. He launched his journalism career working for various community publications but eventually joined Goal.com where he worked until October 2020. In March 2021 Pumzile also started writing human interest, mainstream and sports news for Briefly News. Phumzile's love for writing saw him earn a national qualification in Journalism and Media Studies and a qualification in video and television production.

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